AIR CONDITIONING SYSTEMS MARKET ANALYSIS

Key Developments

• On May 23, 2024, Whirlpool Corporation, a multinational manufacturer and marketer of home appliances introduced its new 2024 Air Conditioner range, which leverages 6th Sense IntelliCool Technology to provide a seamless and personalized cooling experience. This innovative technology senses and adjusts to consumers' needs, ensuring that their daily moments are truly enjoyable and comfortable.
• On May 18, 2024, Laneturn Air Conditioning Brand, offering innovative and reliable air conditioning solutions launched its inaugural product, the True Inverter Series Split Air Conditioner, marking a significant milestone in its mission to redefine comfort and reliability in the air conditioning systems market. This series represents a revolutionary leap forward in cooling technology, available in 1-ton, 1.5-ton, and 2-ton variants, engineered to surpass industry standards and offer unparalleled efficiency and performance.
• On April 30, 2024, Johnson Controls-Hitachi Air Conditioning introduced its first cold-climate variable refrigerant flow heat pump in North America. The air365 Max with HeatForce, a top-flow VRF heating and cooling system, offers high efficiency, comfort, and simplified installation and maintenance for professionals, architects, and commercial building owners seeking to minimize operational costs and carbon footprint.
• In March 2023, Daikin Industries, offering a comprehensive range of air conditioning solutions for residential, commercial, and industrial applications introduced its new VRV IV S mini-split air conditioner series in North America, boasting several innovative features such as a more efficient compressor, quieter operation, and a broader range of cooling and heating capacities.